Available Sports Markets and Betting Types
The Neds sports market selection has a primary focus on Australian sports leagues such as the AFL, Cricket, Tennis and Horse Racing. That being said, there is also a decent selection of international sporting events and leagues to wager, meaning that there’s always something new to bet on.
There are 24 sports to bet on at Neds. While we admit that this is slightly fewer than some other Australian bookmakers, sports such as AFL and soccer offer upwards of 200 different markets. Below, you can find a list of Neds most popular available sports and their popular leagues.
For a complete guide to football online betting, check out our dedicated page. We offer loads of tips and tricks that can help you boost your bankroll.
There are a wide selection of bet types available for both sports betting and horse race betting. Available bet types include singles and handicaps such as head-to-head betting, totals, exotics and futures, and an exciting multi-bet system. If you’re unaware of how these works, Neds offers plenty of easy-to-understand informative guides to help get you started.
In-Play Betting at Neds
In Australia, it’s illegal to make live bets online but entirely legal to make these wagers over the phone. In order to facilitate this, Neds has created a Live – In-Play betting tab. Here, a complete list of odds on games that are in progress are available and can be wagered on using a dedicated In-Play phone betting line.
To make this easier, Neds uses a useful live betting system so that when you click on odds, a quotable code is given. Once you reach the Neds In-Play betting operator, you can quote the code to ensure that you can place a wager as quickly as possible. This is a great feature considering the fast pace that live odds can fluctuate.
Many live sports betting sites tend to be head-to-heads, coupons, or line bets. Unfortunately, there is no live streaming function at Neds, which is one major downside to this platform. Considering the site is a sponsor of several AFL teams, this would be one feature that we’d love to see added in the future.
Multiple bets, or MultiBets, allow players to choose between two and 16 selections from one or more sports or racing events and combine them into one bet to increase your return. The final price is calculated by multiplying all of the odds from your selections.
The Neds sports betting multiple bet feature is called the Multi Builder, which has been designed to facilitate these bets as quickly as possible. Players can either add extra bets on their single bet betting slip or jump straight to the Multi Builder tab and scroll through a list of events to make selections.
We have reviewed a lot of Australian bookies in our time, but the Neds multi-system is perhaps the best. Not only does it allow for the most selections on one slip, but its system bet mechanics are extremely easy to use, especially when you’re betting on a mobile device.
Neds Australia Minimum Bets and Win Limits
No matter where you sign up to, there will always be certain limitations on how much you will need to bet and how much can be won on a wager. Neds has a minimum bet of 50c on sports and racing events when you bet online, and telephone bets have a minimum of $20 for sports and $50 for racing bets. There is a maximum bet limit of $1,000.
As for winning limits, the maximum payout for a bet slip, whether it’s a single bet or a multi bet, is $200,000. The upper limit of the maximum daily win is $500,000. Although this is common for Australian online bookies, some competitor sites have win limits that are far higher, meaning that it may not be ideal for high-roller players.
How Competitive Are Neds Odds?9
As Neds is now owned by the UK-based gaming group behind Ladbrokes Coral, the Neds sports betting odds are impacted by a higher margin of 5.5%. As Ladbrokes has a huge presence in the online bookie business in Australia, this is quite standard, though some other competitors offer margins based on a 5% margin and are therefore lower.
The Neds odds for horse race betting, however, are much better. Below, we’ve provided an overview of the Neds odds available for the most popular sports betting markets in Australia.
Odds Levels for the Largest Sports Markets
- Horse Racing 96.44 - 97.91%
- Supercars 96.03 - 97.17%
- Golf 95.38 - 97.53%
- Soccer 96.77 - 98.33%
- AFL 95.12 - 97.84%
- NRL 95.58 - 97.45%
- Cricket 94.15 - 98.30%
- Tennis 97.15 - 97.74%
- Return to Player (%)
One great feature that Neds offers is the Pick Your Own Odds selection for horse race betting. With this, you can increase or decrease your odds on selected Australian thoroughbred or harness races. This will change the margin that your selection needs to win by, and allow you to make a maximum bet of $201.
Your Pick Your Own Odds bet will be deemed a winner if the chosen horse wins by a larger margin than what you selected. While this does have an increased risk, it also allows you to earn a bigger reward if your margin comes in. As for the live bets, Neds in-play odds are particularly competitive though subject to continuous fluctuation.
Accepted Payment Methods at Neds
The transaction options for Neds customers are extremely varied and should appeal to a majority of players. Included in the accepted methods are major credit cards such as Visa and Mastercard, debit cards including Maestro and our personal favourite, PayPal. You can find an overview on the accepted payment methods below.
||1 – 5 days
||1 – 5 days
||AU$20 – AU$12,500
||Up to 1 day
||AU$10 – AU$10,000
||AU$5 – AU$20,000
||AU$100 – AU$100,000
||2 – 10 days
||2 – 10 days
As you can see, each method has distinctive characteristics, such as alternating transaction speeds and withdrawal limits. For players wishing to make large deposits, credit cards and bank transfers will be your best option. However, for players that value speedy withdrawals, we suggest using PayPal.
An Attractive High-Powered Platform
Perhaps the biggest reason that the Neds betting site is such a refreshing bookmaker is due to its attractive and distinctive web design. Using a bold orange and white colour scheme, most of the site features can be found by scrolling down a toolbar on the left-hand side of the page.
The markets and website features are easy to navigate through, and once you start betting, the bet slip on the right side of the page will fill without encroaching on the visibility of the other design elements. Account and Help services are easy to find, as is any other important information.
We’ve given this platform top marks in the design section of our Neds review, and we’re confident that you’ll agree with us. Not only is the website attractive, but the pages also load fast and we have never encountered any major technical issues worth writing about.
How to Place a Bet
Placing a bet is easy with Neds Australia. Perhaps the most time-consuming aspect of making a first-time bet is setting up your account, which should be fairly straight-forward if you have all your documents on hand. From here, it’s just a matter of finding the markets that interest you and adding them to your bet slip.
To make a wager, find the market that you want to bet on and click on the odds. This will appear on the bet slip on the right-hand side of the page. From here, you can enter your stake, or build your bet as a multi. You will then need to press Place Bet to review your bet, then confirm. We’ve provided a quick breakdown of the betting process below.
-  Open an Account Have your personal details ready such as your name and date of birth. Use the Green ID verification system to confirm your age. From here you can make a deposit.
-  Find Sports Market Browse a variety of sports leagues, markets and events and select the odds that you wish to place a bet on. A bet slip will open once you’ve selected your bets.
-  Enter Stake Review the odds and set your stake price or add additional multi-bets. Once you’ve built your bet slip, click ‘Place Bet’, then confirm the bet.
Due to Australia’s ban on online live betting, you must make your in-play bets over the phone. You can find the in-play odds in the Live – In-Play section. Click on the odds to find the bet code and the telephone number, then place your bet with a Neds in-play betting operator.
It’s worth noting that the minimum telephone bet for horse racing is $50, while the minimum phone bet for sports is $20. Keep in mind that odds will fluctuate no matter whether or not you’ve made your bet, and that you will need to confirm your bet after you’ve clicked ‘Place Bet’.
About the Neds Sportsbook
It’s crazy to think that Neds Australia has only been on the online market since 2017. Since then, it has already been acquired by the company that owns Ladbrokes Coral, proving just how successful the bookie is with Aussie punters. In this section, we’ve gone into further details about the company and its operations.
Neds: Under the Microscope
Neds was established by the former CEO of Ladbrokes betting, Dean Shannon, in 2017. It was initially established to focus mainly on horse race betting, though the team quickly expanded into the sports betting market. The site was unique in that it offered a huge selection of international racing events in addition to local events, which was rare for such a young site.
Less than 12 months after its debut, Neds Australia was sold to the Entain Group for $68 million. This was the second time that Dean Shannon had established and sold a bookmaker to the Entain Group after Bookmaker.com.au. You can find some more intricate details about the business below.
|All About the Neds Business
||Live Chat: 24/7
||Encryption: 2,058bit SSL
||Deposit Limits: Adjustable
|Head Office: PO Box 3321, Newstead, QLD, 4006
||Phone: 1300 006 337
||Licence Number: –
||Betting Limits: Adjustable
|Owner: Entain Group Pty Ltd
||Testing Agency: eCOGRA
||Self Exclusion: Available
||Audit Organisation: eCOGRA
||Child Protection: Guaranteed
|Registered Players: N/A
||Other: FAQ, Contact forms
|| Anti Money Laundering Controls:Green ID
||Partner Organisations: Responsible Wagering Australia
According to the Neds website, the platform is a partner and sponsor of several major Australian teams, including the Brisbane Lions and Gold Coast Titans AFL clubs and the Melbourne Racing Club. The website has been approved by the Northern Territory Racing Commission and is verified to be safe and secure.
Customer Support Options10
Customer support availability is an important category to consider as it indicates that the site is dedicated to player satisfaction. Websites without a fast, friendly, accessible and professional customer support team tend to earn poor reputations with players very quickly. Fortunately, Neds customer support offers top customer service.
You can reach Neds through a 24/7 live chat, through a telephone helpline, an email service and a contact form. The website also offers a detailed FAQ page which provides solutions and advice on everything from hot to place a bet to resolving any technical issues.
Customer support is only offered in English which is quite standard for Aussie online bookmakers. Our customer support test at Neds yielded impressive results, with representatives being extremely friendly and helpful. We’ve given top marks for customer support in this section of our Neds review.
Licensing, Safety & Security10
Sports betting operators must first earn an online gaming license in order to legally accept bets in Australia. Although Neds Australia has only been awarded a license in the Northern Territory, players from all over the country are allowed to make sports and racing wagers here.
Licensing protocols have been established for several reasons. For one, it ensures that bookmakers have paid fees and taxes on their winnings. More importantly to players, it guarantees that the operators are meeting minimum standards for security and fairness. Neds used an impressive 2,048bit SSL encryption certificate to protect players.
The Neds sports betting platform must also offer responsible gambling features as a part of its licensing agreement. This includes self-exclusion, deposit and loss limits and self-limitation for players wanting to limit their gambling. Neds collaborates with responsible gambling organisations to ensure that its considering player safety to the highest degree.
At this stage of our Neds review, we would like to award some bonus points for characteristics or achievements that weren’t covered in other sections. This includes areas such as any industry awards it may have won, unique or special markets it offers, promotions and live streaming features.
As a sponsor for several AFL teams and racing associations, Neds has earned full marks in the Sponsorships bonus points category. The website has also impressed us by offering several non-sports or racing related markets, including political bets and novelty bets on TV shows or awards ceremonies.
- Live Streams.0/3
- Extra Markets.1/1
- Bonus Points.5
Neds offers special promotions to its customers as well, which is a great incentive to remaining loyal. Due to its young age, Neds has not yet any iGaming awards, nor has it implemented any live streaming features. If it did this, we’d have little trouble recognising Neds as one of Australia’s premier sportsbooks.
Conclusion: A Fast and Refreshing Online Bookie
Neds Australia is an intuitive site that has garnered an impressive following despite its young age. The beautifully-designed website offers competitive odds on plenty of matches and racing events at home and abroad. The site is even a sponsor to several top AFL and racing clubs, which proves that it’s a legitimate and serious operator.
When it comes to its security, Neds uses an extremely high-powered encryption technology to ensure that its players’ private information is protected from hackers. There are also several versatile payment methods accepted, and a fast and friendly customer support service that is available 24/7.
Strengths and Weaknesses of Neds
- Major Strengths
- Beautiful Web Platform
- Top Team Sponsors
- Major Weaknesses
- No Live Streaming
- Minor Strengths
- 24/7 Live Chat
- Pick Your Own Odds
- Minor Weaknesses
- Not As Many Sports Markets
Players must be 18+ to join. Full Terms and Conditions apply.
If there was anything we would change about Neds, we would like to see live streaming offered. That said, it’s quite a young site so hopefully this feature debuts in the near future. If you are not yet convinced that you’ve found the right site, don’t stress — we’ve reviewed more great Australian betting sites with competitive odds and live streaming.
If you’re into DFS betting, we recommend DraftKings. Click the link to read through our comprehensive review on the world’s ultimate daily fantasy sports site.
Frequently Asked Questions
This section will provide a brief overview of answers to common questions asked about the Neds sports betting site. In each response, we’ve provided a jump link to the relevant sections of our review so you can find more in-depth information. If you have any more questions, send us an email to email@example.com and we will get back to you with an accurate answer.
🔐 Why is licensing important?
In Australia, sportsbooks must be licensed to be legal. This is a good thing, as licensing ensures operators payout any and all winnings that are owed. It also provides a guarantee that the betting platform is secure and trustworthy. We strongly recommend you avoid using the services on any unlicensed offshore bookmakers.
⚖️ Is it legal to make in-play bets in Australia?
Yes, it is legal to make in-play bets in Australia, though all in-play bets must be made over the telephone using a dedicated live betting hotline. It is not legal to place in-play bets online. You can find the betting codes and appropriate phone number within the Live tab in the Neds toolbar.
💳 What is the best payment method to use?
It is our recommendation that you make payments through the use of eWallets such as PayPal. These kinds of payments are fast, extra secure and you can be used for deposit and withdrawal functions. Please note that you may be charged a transaction fee when using different payment methods, so we recommend doing some research into the fees before making any transfers.
💻 How do I reach customer support?
The best way to reach customer support is the live chat function. This is because live chat tends to be the fastest method and will always be available 24/7. Neds also has a 24/7 telephone number you can call for customer support which is listed on their website. Another option is to complete a contact form detailing your query, but this could result in a slower response.